the explanation provided by rediffmail on ppf and nsc was very informative . it happens that we don't know the minute details of these . its a nice work done by rediffmail .
Hi, Being an NRI tax benefit is not of primary importance to me in maintaining my PPF account, but the mode of paying my installments. Is there any ways of keeping up with the installment payments online ? Please advise. Thanks Jay
PPF account holders can withdraw 50% of the balance after 6 years without getting them taxed, subject to some conditions. Shrewed investors/tax planners invest maximum amounts after 3rd year and after 6th year, go on reinvesting the withdrawn amounts in PPF and avail maximum tax benefits, again subject to some conditions. To my knowledge, if you plan well in advance, PPF is the best form of tax planning as of date.
This is the most helpful article on tax saving. It is written in simple & very easy language to understand any person. I was in confussion about investing between PPF or NSC now I'm confident to take right decision.
This article like the last one is very informative & interesting. I thank Rediff for brining out such valuable articles which are in the interest of the common citizens.
